In the early hours of January 3, 2026, the President of the United States, Donald Trump announced a “successful” military incursion into Venezuela and the capture of its sitting president, Nicolás Maduro. The announcement summarily provoked widespread condemnation and legal scrutiny, with international law experts and other well-meaning members of the global community pointing to...
Author: Justice Amissah (Justice Amissah)
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SSA: Fitch Solutions Projects Rise in Electricity Use in Buildings, Warns of Persistent Grid Constraints
Electricity’s share of energy use in Sub-Saharan Africa’s (SSA) buildings sector is projected to rise modestly from 17 per cent to 19.2 per cent by 2034, driven largely by rapid urbanisation and rising household incomes, according to Fitch Solutions.In its latest outlook, the UK-based research firm said major economies such as Nigeria, South Africa and...
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Deputy Energy Minister Inspects 141MW AKSA Power Plant at Anwomaso in the Ashanti region.
The Deputy Minister of Energy and Green Transition, Richard Gyan-Mensah, on behalf of the Sector Minister, Dr. John Abdulai Jinapor, has led a working visit to the 141-megawatt AKSA Power Plant at Anwomaso to inspect ongoing commissioning works. The visit forms part of the government’s broader efforts, under the leadership of President John Dramani Mahama,...
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Africa’s Leading Crude Producers Struggle to Find Buyers Amid Global Oversupply
West African crude oil producers are struggling to find buyers for December and January cargoes amid rising competition from cheaper, more readily available alternative supplies. Analysts say the glut of unsold Nigerian and Angolan crude reflects a broader global oversupply that has weighed on international markets. Brent crude dropped below $60 per barrel this week,...
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Non-performing energy sector heads to be sacked -Energy Minister warns
The Minister for Energy and Green Transition, Dr. John Abdulai Jinapor, has cautioned heads of agencies and senior managers within the energy sector that failure to deliver on their mandates will result in their removal from office. Addressing participants at the Ministry’s performance review retreat, Dr. Jinapor said President John Dramani Mahama has made it...
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Solomon Ewanehi Unveils Transformative Blueprint for Africa’s Energy Future at 9th Africa Energy Summit
In a landmark moment for Africa’s energy sector, Solewant Group’s Group Managing Director, Mr. Solomon Ewanehi, officially launched his groundbreaking book, Unlocking Africa’s Energy Future – Strategies for Sustainable Growth and Development, during the 9th Africa Energy Summit in Port Harcourt. The high-profile event drew policymakers, academics, industry leaders, and international delegates, signalling the book’s...
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Crackdown on black market dealers hurting forex market – COPEC’s Duncan Amoah
Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, says the state must rethink its sudden crackdown on black market forex dealers because the action is already distorting rates and hindering efforts to stabilise fuel prices. He said the task force swoops are creating unintended shocks. Speaking on PM Express Business Edition, he...
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Industry Titans Gather as NPA Hosts 2025 Downstream CEOs Breakfast Forum.
The National Petroleum Authority (NPA), in collaboration with the chamber of oil marketing companies (COMAC), the Chamber of Bulk Oil Distributors (CBOD), and other leading industry stakeholders, convened the 2025 Downstream CEOs Breakfast Meeting today. The event brought together chief executives and top decision-makers to deliberate on the evolving landscape of Ghana’s downstream petroleum sector....
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Crude Oil and Refined Products Market Review and Outlook -CBOD
Crude oil prices on the global market declined by approximately 2.40% during the 12th to 26th November pricing window. This drop occurred despite stronger demand in China and improved market sentiment following the U.S.–China tariff agreement, as concerns about oversupply from both OPEC and non-OPEC producers continued to weigh on the market. According to the...
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FG reduces oil block entry costs to $3m
As the 2025 licensing round gets underway, the Federal Government has reduced the signature bonus from $10m to $3m and $7m. The Nigerian Upstream Petroleum Regulatory Commission disclosed this in an update on its website. According to the commission, this was part of the government’s efforts to reduce entry barriers. “Interested in one of the...